Brooklyn, NY TerraCRG represented the sale of 390 Court St., a 7,200 s/f corner building located across from Carroll Park, for $6.1 million, or $847 per s/f.
The mixed-use property features ground-floor retail occupied by Chase Bank, a long-term tenant paying strong in-place rent and covering a portion of the tax bill. The upper floors were previously occupied by ballet school Cobble Hill Ballet. The sellers were a long-time, multi-generational family who had owned the building for more than 50 years.